22934 Fm 762nd Rd Needville, TX 77461-9512
- Commercial real estate
- 2,989 SF
- 0.25 lot acres
Current Use by Public Records
- RBS Fireworks / Discount Store / Party Supply Store
- Amazon Locker - Cholesterol / Postal Service / Courier Service
- ATM / Atm
Property Details for 22934 Fm 762nd Rd
- Year built
- 1975
- Lot size
- 0.25 lot acres
- Property size
- 2,989 SF
- Zone code
- X
- Property type
- Commercial real estate
- APN
- 0022-00-000-4870-906
- APU
- 22000004870906
Description
This exceptional investment opportunity presents a 4,809 square foot mixed-use property situated on a 2-acre lot in Needville, Texas, at 22934 FM 762 Rd, zip code 77461. The property, built in 1983 and zoned for commercial use, includes a convenience store and gas station with three underground storage tanks. The convenience store previously included a food preparation and service area and operated successfully for over 30 years. The property boasts excellent visibility from FM 1462 and FM 762, with a 2022 daily traffic count of 3,454 vehicles. Located less than a mile from a Dollar General, this property benefits from its position in a rapidly growing area, including Richmond, Rosenberg, and Rosharon. The site is outside of both the 100 and 500-year floodplains. While the property currently utilizes a water well and septic tank, these will require updating. The proposed Grand Parkway (99) will be approximately 10 minutes away, further enhancing accessibility and future development potential. The asking price for this owner-user investment is $1,500,000. This property offers significant potential for a savvy investor looking to capitalize on the area's robust growth.
Value Estimations
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $631,000
Market price range: $241k - $660k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $450,000 Current use
- OFFICE BUILDING
- $415,000 Change: -8% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Needville
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.6423
- Latitude
- 29.3526
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA